diff --git a/CHANGELOG.md b/CHANGELOG.md
index f581a8b45..7a04bb011 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,11 @@
+## Unreleased
+
+### Features
+
+- Support for tracing Faraday requests ([#2345](https://github.com/getsentry/sentry-ruby/pull/2345))
+  - Closes [#1795](https://github.com/getsentry/sentry-ruby/issues/1795)
+  - Please note that the Faraday instrumentation has some limitations in case of async requests: https://github.com/lostisland/faraday/issues/1381
+
 ## 5.18.2
 
 ### Bug Fixes
diff --git a/sentry-ruby/Gemfile b/sentry-ruby/Gemfile
index 9c7524dd1..c6e1db011 100644
--- a/sentry-ruby/Gemfile
+++ b/sentry-ruby/Gemfile
@@ -24,5 +24,6 @@ gem "benchmark-memory"
 
 gem "yard", github: "lsegal/yard"
 gem "webrick"
+gem "faraday"
 
 eval_gemfile File.expand_path("../Gemfile", __dir__)
diff --git a/sentry-ruby/lib/sentry-ruby.rb b/sentry-ruby/lib/sentry-ruby.rb
index a48906925..dd59d6e67 100644
--- a/sentry-ruby/lib/sentry-ruby.rb
+++ b/sentry-ruby/lib/sentry-ruby.rb
@@ -601,3 +601,4 @@ def utc_now
 require "sentry/redis"
 require "sentry/puma"
 require "sentry/graphql"
+require "sentry/faraday"
diff --git a/sentry-ruby/lib/sentry/faraday.rb b/sentry-ruby/lib/sentry/faraday.rb
new file mode 100644
index 000000000..e2608cd97
--- /dev/null
+++ b/sentry-ruby/lib/sentry/faraday.rb
@@ -0,0 +1,111 @@
+# frozen_string_literal: true
+
+module Sentry
+  module Faraday
+    OP_NAME = "http.client"
+    SPAN_ORIGIN = "auto.http.faraday"
+    BREADCRUMB_CATEGORY = "http"
+
+    module Connection
+      # Since there's no way to preconfigure Faraday connections and add our instrumentation
+      # by default, we need to extend the connection constructor and do it there
+      #
+      # @see https://lostisland.github.io/faraday/#/customization/index?id=configuration
+      def initialize(url = nil, options = nil)
+        super
+
+        # Ensure that we attach instrumentation only if the adapter is not net/http
+        # because if is is, then the net/http instrumentation will take care of it
+        if builder.adapter.name != "Faraday::Adapter::NetHttp"
+          # Make sure that it's going to be the first middleware so that it can capture
+          # the entire request processing involving other middlewares
+          builder.insert(0, ::Faraday::Request::Instrumentation, name: OP_NAME, instrumenter: Instrumenter.new)
+        end
+      end
+    end
+
+    class Instrumenter
+      attr_reader :configuration
+
+      def initialize
+        @configuration = Sentry.configuration
+      end
+
+      def instrument(op_name, env, &block)
+        return unless Sentry.initialized?
+
+        Sentry.with_child_span(op: op_name, start_timestamp: Sentry.utc_now.to_f, origin: SPAN_ORIGIN) do |sentry_span|
+          request_info = extract_request_info(env)
+
+          if propagate_trace?(request_info[:url])
+            set_propagation_headers(env[:request_headers])
+          end
+
+          res = block.call
+
+          if record_sentry_breadcrumb?
+            record_sentry_breadcrumb(request_info, res)
+          end
+
+          if sentry_span
+            sentry_span.set_description("#{request_info[:method]} #{request_info[:url]}")
+            sentry_span.set_data(Span::DataConventions::URL, request_info[:url])
+            sentry_span.set_data(Span::DataConventions::HTTP_METHOD, request_info[:method])
+            sentry_span.set_data(Span::DataConventions::HTTP_QUERY, request_info[:query]) if request_info[:query]
+            sentry_span.set_data(Span::DataConventions::HTTP_STATUS_CODE, res.status)
+          end
+
+          res
+        end
+      end
+
+      private
+
+      def extract_request_info(env)
+        url = env[:url].scheme + "://" + env[:url].host + env[:url].path
+        result = { method: env[:method].to_s.upcase, url: url }
+
+        if configuration.send_default_pii
+          result[:query] = env[:url].query
+          result[:body] = env[:body]
+        end
+
+        result
+      end
+
+      def record_sentry_breadcrumb(request_info, res)
+        crumb = Sentry::Breadcrumb.new(
+          level: :info,
+          category: BREADCRUMB_CATEGORY,
+          type: :info,
+          data: {
+            status: res.status,
+            **request_info
+          }
+        )
+
+        Sentry.add_breadcrumb(crumb)
+      end
+
+      def record_sentry_breadcrumb?
+        configuration.breadcrumbs_logger.include?(:http_logger)
+      end
+
+      def propagate_trace?(url)
+        url &&
+          configuration.propagate_traces &&
+          configuration.trace_propagation_targets.any? { |target| url.match?(target) }
+      end
+
+      def set_propagation_headers(headers)
+        Sentry.get_trace_propagation_headers&.each { |k, v| headers[k] = v }
+      end
+    end
+  end
+end
+
+Sentry.register_patch(:faraday) do
+  if defined?(::Faraday)
+    ::Faraday::Connection.prepend(Sentry::Faraday::Connection)
+  end
+end
diff --git a/sentry-ruby/spec/sentry/faraday_spec.rb b/sentry-ruby/spec/sentry/faraday_spec.rb
new file mode 100644
index 000000000..abb63ddb5
--- /dev/null
+++ b/sentry-ruby/spec/sentry/faraday_spec.rb
@@ -0,0 +1,257 @@
+require "faraday"
+require_relative "../spec_helper"
+
+RSpec.describe Sentry::Faraday do
+  before(:all) do
+    perform_basic_setup do |config|
+      config.enabled_patches << :faraday
+      config.traces_sample_rate = 1.0
+      config.logger = ::Logger.new(StringIO.new)
+    end
+  end
+
+  after(:all) do
+    Sentry.configuration.enabled_patches = Sentry::Configuration::DEFAULT_PATCHES
+  end
+
+  context "with tracing enabled" do
+    let(:http) do
+      Faraday.new(url) do |f|
+        f.request :json
+
+        f.adapter Faraday::Adapter::Test do |stub|
+          stub.get("/test") do
+            [200, { "Content-Type" => "text/html" }, "<h1>hello world</h1>"]
+          end
+        end
+      end
+    end
+
+    let(:url) { "http://example.com" }
+
+    it "records the request's span" do
+      transaction = Sentry.start_transaction
+      Sentry.get_current_scope.set_span(transaction)
+
+      _response = http.get("/test")
+
+      request_span = transaction.span_recorder.spans.last
+
+      expect(request_span.op).to eq("http.client")
+      expect(request_span.origin).to eq("auto.http.faraday")
+      expect(request_span.start_timestamp).not_to be_nil
+      expect(request_span.timestamp).not_to be_nil
+      expect(request_span.start_timestamp).not_to eq(request_span.timestamp)
+      expect(request_span.description).to eq("GET http://example.com/test")
+
+      expect(request_span.data).to eq({
+        "http.response.status_code" => 200,
+        "url" => "http://example.com/test",
+        "http.request.method" => "GET"
+      })
+    end
+  end
+
+  context "with config.send_default_pii = true" do
+    let(:http) do
+      Faraday.new(url) do |f|
+        f.adapter Faraday::Adapter::Test do |stub|
+          stub.get("/test") do
+            [200, { "Content-Type" => "text/html" }, "<h1>hello world</h1>"]
+          end
+
+          stub.post("/test") do
+            [200, { "Content-Type" => "application/json" }, { hello: "world" }.to_json]
+          end
+        end
+      end
+    end
+
+    let(:url) { "http://example.com" }
+
+    before do
+      Sentry.configuration.send_default_pii = true
+      Sentry.configuration.breadcrumbs_logger = [:http_logger]
+    end
+
+    it "records the request's span with query string in data" do
+      transaction = Sentry.start_transaction
+      Sentry.get_current_scope.set_span(transaction)
+
+      _response = http.get("/test?foo=bar")
+
+      request_span = transaction.span_recorder.spans.last
+
+      expect(request_span.description).to eq("GET http://example.com/test")
+
+      expect(request_span.data).to eq({
+        "http.response.status_code" => 200,
+        "url" => "http://example.com/test",
+        "http.request.method" => "GET",
+        "http.query" => "foo=bar"
+      })
+    end
+
+    it "records breadcrumbs" do
+      transaction = Sentry.start_transaction
+      Sentry.get_current_scope.set_span(transaction)
+
+      _response = http.get("/test?foo=bar")
+
+      transaction.span_recorder.spans.last
+
+      crumb = Sentry.get_current_scope.breadcrumbs.peek
+
+      expect(crumb.category).to eq("http")
+      expect(crumb.data[:status]).to eq(200)
+      expect(crumb.data[:method]).to eq("GET")
+      expect(crumb.data[:url]).to eq("http://example.com/test")
+      expect(crumb.data[:query]).to eq("foo=bar")
+      expect(crumb.data[:body]).to be(nil)
+    end
+
+    it "records POST request body" do
+      transaction = Sentry.start_transaction
+      Sentry.get_current_scope.set_span(transaction)
+
+      body = { foo: "bar" }.to_json
+      _response = http.post("/test?foo=bar", body, "Content-Type" => "application/json")
+
+      request_span = transaction.span_recorder.spans.last
+
+      expect(request_span.description).to eq("POST http://example.com/test")
+
+      expect(request_span.data).to eq({
+        "http.response.status_code" => 200,
+        "url" => "http://example.com/test",
+        "http.request.method" => "POST",
+        "http.query" => "foo=bar"
+      })
+
+      crumb = Sentry.get_current_scope.breadcrumbs.peek
+
+      expect(crumb.data[:body]).to eq(body)
+    end
+
+    context "with custom trace_propagation_targets" do
+      let(:http) do
+        Faraday.new(url) do |f|
+          f.adapter Faraday::Adapter::Test do |stub|
+            stub.get("/test") do
+              [200, { "Content-Type" => "text/html" }, "<h1>hello world</h1>"]
+            end
+          end
+        end
+      end
+
+      before do
+        Sentry.configuration.trace_propagation_targets = ["example.com", /foobar.org\/api\/v2/]
+      end
+
+      context "when the request is not to the same target" do
+        let(:url) { "http://another.site" }
+
+        it "doesn't add sentry headers to outgoing requests to different target" do
+          transaction = Sentry.start_transaction
+          Sentry.get_current_scope.set_span(transaction)
+
+          response = http.get("/test")
+
+          request_span = transaction.span_recorder.spans.last
+
+          expect(request_span.description).to eq("GET #{url}/test")
+
+          expect(request_span.data).to eq({
+            "http.response.status_code" => 200,
+            "url" => "#{url}/test",
+            "http.request.method" => "GET"
+          })
+
+          expect(response.headers.key?("sentry-trace")).to eq(false)
+          expect(response.headers.key?("baggage")).to eq(false)
+        end
+      end
+
+      context "when the request is to the same target" do
+        let(:url) { "http://example.com" }
+
+        before do
+          Sentry.configuration.trace_propagation_targets = ["example.com"]
+        end
+
+        it "adds sentry headers to outgoing requests" do
+          transaction = Sentry.start_transaction
+          Sentry.get_current_scope.set_span(transaction)
+
+          response = http.get("/test")
+
+          request_span = transaction.span_recorder.spans.last
+
+          expect(request_span.description).to eq("GET #{url}/test")
+
+          expect(request_span.data).to eq({
+            "http.response.status_code" => 200,
+            "url" => "#{url}/test",
+            "http.request.method" => "GET"
+          })
+
+          expect(response.env.request_headers.key?("sentry-trace")).to eq(true)
+          expect(response.env.request_headers.key?("baggage")).to eq(true)
+        end
+      end
+
+      context "when the request's url configured target regexp" do
+        let(:url) { "http://example.com" }
+
+        before do
+          Sentry.configuration.trace_propagation_targets = [/example/]
+        end
+
+        it "adds sentry headers to outgoing requests" do
+          transaction = Sentry.start_transaction
+          Sentry.get_current_scope.set_span(transaction)
+
+          response = http.get("/test")
+
+          request_span = transaction.span_recorder.spans.last
+
+          expect(request_span.description).to eq("GET #{url}/test")
+
+          expect(request_span.data).to eq({
+            "http.response.status_code" => 200,
+            "url" => "#{url}/test",
+            "http.request.method" => "GET"
+          })
+
+          expect(response.env.request_headers.key?("sentry-trace")).to eq(true)
+          expect(response.env.request_headers.key?("baggage")).to eq(true)
+        end
+      end
+    end
+  end
+
+  context "when adapter is net/http" do
+    let(:http) do
+      Faraday.new(url) do |f|
+        f.request :json
+        f.adapter :net_http
+      end
+    end
+
+    let(:url) { "http://example.com" }
+
+    it "skips instrumentation" do
+      transaction = Sentry.start_transaction
+      Sentry.get_current_scope.set_span(transaction)
+
+      _response = http.get("/test")
+
+      request_span = transaction.span_recorder.spans.last
+
+      expect(request_span.op).to eq("http.client")
+      expect(request_span.origin).to eq("auto.http.net_http")
+
+      expect(transaction.span_recorder.spans.map(&:origin)).not_to include("auto.http.faraday")
+    end
+  end
+end